New FreeWill survey data: a look at Americans' views of estate planning and how it fits into overall financial planning, giving intentions
Specifically, FreeWill found that just 26% of Americans have an estate plan.
- Specifically, FreeWill found that just 26% of Americans have an estate plan.
- While just 26% of respondents overall have an estate plan, more than 50% of people with more than $500,000 in assets have plans in place.
- Males report greater emphasis on estate planning:
Notably, financial behaviors surrounding various forms of giving – both during respondents' lifetimes and how they define their future beneficiaries – are evolving. - Given this shift in giving habits, financial planning professionals are ideally suited to maximize intergenerational wealth for their clients through greater attention paid to estate planning."